Financial Statements for cirrus logic inc (CRUS)

Year over year, Cirrus Logic Inc. has seen their bottom line shrink from $108.1M USD to $55.2M USD despite an increase in revenues from $714.3M USD to $916.6M USD. An increase in the percentage of sales devoted to cost of goods sold from 50.14% to 53.55% was a key component in the falling bottom line in the face of rising revenues.

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